United States

IAS 39 Illustrative Disclosures

Feb 20, 2017
From the IFRS Institute

KPMG’s Guide to annual financial statements – Illustrative disclosures for banks under IAS 39 helps companies prepare their financial statements in accordance with IFRS, illustrating one possible format for financial statements based on a fictitious banking group and helping companies to identify which disclosures may be required.

This guide reflects IFRS issued as of December 31, 2016 that are required to be applied by an entity with an annual period beginning on January 1, 2016. The guide also provides expanded pre-implementation disclosures on the impact of the adoption of IFRS 9.